News/Events
Sponsored Content: On The Fence About A New Fence? Why Perimeter Security Should Be Data Center Priority
Ensure data center security by focusing on updated perimeter systems for long-term safety.
Canadian Firm Raises £680M For 6,000-Home UK BTR Push
Starlight completes £680M fund to build 6,000 UK BTR homes, boosting a lagging sector.
Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint
An ex-CBRE executive sues for age discrimination, claiming false client billing. The case involves fraud and career damage allegations.
Limekiln Sells Stake In Multifamily Lender MF1 To Berkshire Hathaway
Limekiln is selling its 50% stake in MF1 to Berkshire Residential Investments. The JV between the two was an active floating-rate bridge lender for eight years.
D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years
National Real Estate Advisors announces Kevin Verdi as the new CEO, succeeding Jeffrey Kanne in 2027.
Watermark Capital Moves Forward With School-to-Resi Conversion in Crown Heights
The 42-unit residential conversion of a former Roman Catholic school at 560 Sterling Place in Crown Heights, Brooklyn, is well underway. Watermark Capital Group’s redevelopment project at the corner of Classon Avenue and Sterling Place is going ahead at a former school campus owned by its neighbor, St. Teresa of Avila Roman Catholic Church. Site…
Japanese Firm Orix Provides $55M Refi for 200-Unit Seattle Apartment Complex
A joint venture among Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald has secured $55 million to refinance Swell Apartments, a 200-unit multifamily complex in Downtown Seattle, Wash., Commercial Observer can first report. Japanese investment firm Orix Real Estate Capital provided the debt, while Newmark’s Jordan Roeschlaub, Chris Kramer, Sam Speciale and Lance Tillman…
Jay Roberts of Prosper Group: 5 Questions
Developer Jay Roberts is making a splash in South Florida. The CEO of Miami-based Prosper Group recently closed on a $50 million site along the Miami River in the city’s Brickell district. The 1-acre site includes 66 Southwest Sixth Street and 625 Southwest First Avenue, along with about 300 feet of river frontage. Before he…
Starbucks Spending $1B To Turn Cafés Into Community Lounges
Starbucks is revamping 9,000 stores with cozy chairs and rugs, enhancing the customer experience.
